Prediction markets let people wager on anything from a basketball game to the outcome of a presidential election - and recently, the downfall of former Venezuelan President Nicolas Maduro. The latter is drawing renewed scrutiny into this murky world of speculative, 24/7 transactions. Last week, an anonymous trader pocketed more than $400,000 after betting that Maduro would soon be out of office. The bulk of the trader's bids on the platform Polymarket were made mere hours before President Donald Trump announced the surprise nighttime raid that led to Maduro's capture, fueling online suspicions of potential insider trading because of the timing of the wagers and the trader's narrow activity on the platform. Others argued that the risk of getting caught was too big, and that previous speculation about Maduro's future could have led to such transactions. Polymarket did not respond to requests for comment. The commercial use of prediction markets has skyrocketed in rece...
India have suffered a setback ahead of the first ODI against New Zealand as wicketkeeper-batter Rishabh Pant has been ruled out of the three-match series due to a right-side strain injury. At India's optional practice session at the BCA B Ground, Pant looked organised in his batting stint, going for almost 50 minutes. But he experienced discomfort after being hit above the waist while facing a delivery from a throwdown specialist. He immediately fell to his knees due to the immense pain, was quickly attended to by the support staff, and left the nets. "Scans and assessment by the team doctor showed that Rishabh copped a blow on the ribcage on the right side and a side strain has been detected, thus ruling him out of this ODI series against New Zealand," said sources familiar with the matter to IANS on Saturday. Pant is now expected to rest for several days before reporting to the BCCI Centre of Excellence (CoE) in Bengaluru for further assessment and rehabilitation. He...